Bitcoin is bad

Why not all cryptocurrencies are the same and why you should care and (re)act Bottom For as long as I’d like to admit, I’ve developed experience in the banking and retail payments infrastructure. Being very curious about all digital subjects, especially within my profession, I have added distributed ledger technology, blockchain, tokenization, cryptocurrencies as well … Read more

Higher Stocks, Elon Musk, Twitter, Bitcoin, GE – 5 Things to Know

Here are five things you should know for Friday, May 13: 1. — Stock futures rose as Powell rate calms rate betting bulls U.S. stocks rose on Friday, potentially breaking a six-day streak of losses for the Dow as investors sought an ease on market volatility amid stabilizing cryptocurrency prices and detailed commentary on rate … Read more

GetSwift Provides Update on Short-Term Financing and Strategic Opportunities | The business

NEW YORK–(BUSINESS WIRE)–May 10, 2022– GetSwift Technologies Limited (” GetSwift ” or the ” Corporation “;NEO: “GSW”) is pleased to provide an update on its short-term financing activities and its process for exploring strategic opportunities and other options for the longer term. The Board of Directors (the “Board”) of the Corporation is continuing its process … Read more

Opinion: You can now use bitcoin to pay college tuition — but should you?

Coming soon? No, it’s already here: you can pay college tuition with bitcoin. Bentley University, a small business-focused private university outside Boston, now allows undergraduates to pay with bitcoin, BTCUSD, +0.38% Ethereum ETHUSD, +0.72% and USDTUSD stablecoin, -0.17%. The Wharton School of Business at the University of Pennsylvania accepts cryptocurrencies for its six-week $3,800 Blockchain … Read more

El Salvador buys 500 bitcoins as cryptocurrency market sell-off continues

El Salvador’s President Nayib Bukele gestures during his speech at the closing ceremony of the Latin Bitcoin conference (LaBitConf) in Mizata Beach, El Salvador, where he announced “Bitcoin City”, on November 20, 2021. Marvin Recinos | AFP | Getty Images El Salvador has just added another $15.5 million worth of bitcoin to its balance sheet … Read more

Coachella for Capitalists: Why Bitcoin Topped the Berkshire Hathaway AGM Account

It’s been called the Woodstock of Capitalism, Coachella for Capitalists, and much worse too. What is certain is that Berkshire Hathaway’s annual general meeting is a must-event for market lovers. While our UK readers may have enjoyed the holiday, the long weekend saw a lot of inflammatory comments from Berkshire leaders Warren Buffett and Charlie … Read more

Dorsey, Saylor and Fidelity Write to EPA to Defend Bitcoin Mining

These machines, known as mining rigs, work around the clock to find new units of cryptocurrency. Benjamin Hall | CNBC Some of the biggest names in bitcoin — including Jack Dorsey, Tom Lee and Michael Saylor — have come together to refute allegations made by House Democrats urging the Environmental Protection Agency to investigate the … Read more

See how we send bitcoin from Miami to a Ukrainian in Poland

Alena Vorobiova hadn’t thought much about bitcoin before Russia invaded Ukraine in February. Fast forward to border closures and bombings in her hometown, cash shortages at ATMs across the country, and the central bank suspending electronic money transfers — and she decided to give bitcoin a try. While money providers generally charge transfer fees of … Read more

Exxon mining bitcoin with Crusoe Energy in North Dakota Bakken region

View of the Exxon Mobil refinery in Baytown, Texas. Jessica Rinaldi | Reuters ExxonMobil, the largest US oil and gas producer, is piloting a project to mine bitcoin in North Dakota, according to people with knowledge of the matter. For more than a year, Exxon has worked with Crusoe Energy Systems, a Denver-based company, said … Read more

Bitcoin’s Largest Fund, Grayscale, Is Trading At A Bargain, But That’s Not Good News

The world’s largest bitcoin fund is trading at 73 cents on the dollar. This might seem like a bargain if you want cryptocurrency in your portfolio. But nothing is really free on Wall Street, including a reduced rate deal on bitcoin. With $26.2 billion in assets, Grayscale Bitcoin Trust owns more cryptocurrencies than any other … Read more